171 Nelson Street,Brantford, ON N3S 4B7
Brantford, ON N3S 4B7
Description
Build Wealth with this High-Performing Income Property! A solid all-brick fourplex sitting on a 0.25 of an acre lot with over 80 feet of frontage, a 44'6" x 28'6" detached garage/workshop, a wraparound covered front porch, two driveways, and plenty of parking. This income-producing powerhouse has 3,941sq.ft. above-grade plus the basement unit and generates over $100,000 in annual rental income for a fantastic 12.27% cap rate. The financials for the property are attached to the MLS listing for your realtor to access for you, a copy is also available on the website for the property, or upon request. Whether you're growing your portfolio or purchasing your first investment property, this fourplex offers a cash-flow opportunity that rarely becomes available. Book a private viewing for this lucrative investment property!
Details
| MLS # | 40827612 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active Under Contract |
| Year | 1900 |
| Days On Site | 123 |
| Listing Provided By | Re/Max Twin City Realty Inc | Terry Summerhays |
Features
| Bed(s) | 10 |
|---|---|
| Bath(s) | 4 |
| SQ Feet | 3,941 |
| Garage | 3 |
| Basement | Y |
| Story(s) | 2 |
| Units | 4 |
| Zoning | NLR (F9 A270 C40) |
| Acreage | 0.25 |
Interior
| Appliances | Refrigerator, Stove |
|---|---|
| Interior Features | None |
| Cooling | None |
| Cooling Yes / No | No |
| Heating | Forced Air, Natural Gas |
| Heating Yes / No | Yes |
| Laundry Features | None |
Exterior
| Lot Features | Rectangular, Park, Public Transit, Quiet Area, Schools, Shopping Nearby |
|---|---|
| Construction Materials | Brick |
| Roof | Asphalt Shing |
| Fencing | Fence - Partial |
| Foundation Details | Stone |
| Patio And Porch Features | Porch |
Parking
| Garage Spaces | 3 |
|---|---|
| Parking Features | Detached Garage, Gravel |
| Open Parking Yes / No | Yes |
| Attached Garage Yes / No | No |
Utilities
| Sewer | Sewer (Municipal) |
|---|
Taxes
| Tax Annual Amount | 6141.17 |
|---|
Area Information
| Province | ON |
|---|---|
| County | Brantford |
| City | Brantford |
| Postal Code | N3S 4B7 |
| Area | 2040 Terrace Hill | E & N Wards |
| Subarea | 2045 East Ward |
| Community Name | 2045 East Ward |
| Listing VS Median (in 2045 East Ward) | |
Price: $649,900 low | high Med: $432,900 sqft: 3,941 low | high Med: 936 $ / sqft: $165 low | high Med: $463 On site: 123 low | high Med: 105 | |
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Learn More About This Property
| Province | ON |
|---|---|
| County | Brantford |
| City | Brantford |
| Postal Code | N3S 4B7 |
| Area | 2040 Terrace Hill | E & N Wards |
| Subarea | 2045 East Ward |
| Community Name | 2045 East Ward |
| Listing VS Median (in 2045 East Ward) | |
Price: $649,900 low | high Med: $432,900 sqft: 3,941 low | high Med: 936 $ / sqft: $165 low | high Med: $463 On site: 123 low | high Med: 105 | |
